Resident Director Job Description
The Authority of Singapore for the Conduct and Governance, Ordinarily resident directors in Singapore, The Emergency Room Faculty: A Resource for the Staff Practitioners and more about resident director job. Get more data about resident director job for your career planning.
- The Authority of Singapore for the Conduct and Governance
- Ordinarily resident directors in Singapore
- The Emergency Room Faculty: A Resource for the Staff Practitioners
- The Companies House Website
- The Board of Directors in Hong Kong Private Limited Companies
- The Resident Director of Residential Facilities
- The salaries of resident directors at Central Michigan University
- Developing your Director Career
- Managing the Board of Directors in European Business
The Authority of Singapore for the Conduct and Governance
The authority defines a director as any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with instructions from the directors of the corporation. The Authority notes that a Singapore Citizen, Singapore Permanent Resident, an EntrePass holder or an Employment Pass holder who has a local residential address can be accepted as a person who is ordinarily resident here. A nominee director is a person who is appointed to represent a group.
A nominee director can be appointed to a board by a shareholder or a special class of shareholders. The minimum age to be appointed as a company director in Singapore has been raised from 18 to 19 years since March 1, 2009. Unless reappointed at the company's annual general meeting, the maximum age limit for directors of a private company is 50, for a public company is 55 and for a subsidiary of a public company is 50.
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Ordinarily resident directors in Singapore
The appointment of a resident director is one of the requirements for Singapore company registration. One who is an "ordinarily resident" in Singapore is required to be a resident director. Singaporean citizens, permanent residents, and holders of EntrePass or Employment Pass can be considered ordinarily resident of Singapore.
Nominee directors can be appointed in lieu of resident directors where there is no one available. A director cannot use his powers to cause injury to the company or shareholder. Even if a director dislikes a shareholder, they can't draft a resolution to oppress them.
The Emergency Room Faculty: A Resource for the Staff Practitioners
The resident physician is both a learner and a provider. The resident physician is in charge of caring for patients. As their training progresses, resident physicians are expected to gain competence and need less supervision, progressing from on-site and contemporaneous supervision to more indirect and periodic supervision.
The staff practitioners with direct responsibility of the resident make the decision as to which activities the resident can perform in the context of their assigned levels of responsibility. The staff practitioners responsibility for safe and effective care of the patient is the main consideration. Emergency room faculty are available to watch resident physicians 24/7.
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The Companies House Website
You may be the new company director if you visit the Companies House website. Thank you! Whether your business is large or small, you have now taken on a number of significant legal duties.
It is important to know the articles of association as they may affect your decision-making powers. If you exceed your powers, you could have to compensate the company for any financial losses that occur. The board can only make decisions that are in the best interests of the company, not the best interests of everyone else.
Directors should be more broad minded in their evaluation of interests than they are in their financial perspective. Directors were appointed for their reputation, not their work, in the past, but they still had to do work for the board. The duty for directors to care and diligence in their role has ended.
Conflicts of interest are situations where the director has a personal or business relationship with people or entities that are affected by the company's activities. It could relate to situations where the director may be considering taking advantage of the company's property, information or opportunity on a personal basis. Gifts from third parties can be a threat to a director's objectivity.
The Board of Directors in Hong Kong Private Limited Companies
The company's directors have the responsibility of making sure that the company complies with legal obligations. They should always know what is happening with the company and sometimes they will take on a managerial role and are known as executive directors. The company size will usually dictate the extent to which directors are involved in daily business operations.
Directors may be paid compensation for acting as a director in the form of director's fees. A Hong Kong private limited company must have at least one shareholder who can be either an individual or a body corporate. An individual shareholder can be either a foreigner or a HK resident.
The shareholders own a part of the company as they own shares. Their liability is limited to the amount of capital they own. If the company succeeds, shareholders will receive a return on their investment in accordance with the number of shares they own.
Unlike directors, shareholders are not usually involved in the running of the company, as they can make changes to the Articles of the company. The details of directors and shareholders can be easily accessed via the Companies Registry. If you decide to appoint someone else as a shareholder or director, think twice before you do so, as the scope of their responsibility is not always clear.
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The Resident Director of Residential Facilities
The Resident Director is responsible for fostering a sense of community within the residential facilities through the use of student development theory and building operations management. The Resident Director has overall responsibility for developing and administering a comprehensive residential life program that is in line with the goals of Housing & Food Services and Residential Life. The Resident Director should demonstrate an understanding of issues impacting diverse populations. A successful candidate will demonstrate leadership and maturity, as well as solid problem solving and administrative skills, effective methods for managing and coaching large and diverse populations of college students, and an eagerness to support and assist in leading the delivery of the mission, goals, values and culture of Residential Life, Housing
The salaries of resident directors at Central Michigan University
Resident directors are full time employees of the college or university. Their responsibilities might be reduced to one thundering line. To make sure that residence halls are safe and welcoming to students.
Central Michigan University says they must develop a community that promotes engagement, learning, respect for diversity and student success. Many schools require resident directors to have a bachelor's degree, and many prefer a master's degree in a field with obvious overlap, such as education, counseling or management. The chance to work while getting a master's degree is attractive, since many schools offer free or reduced tuition to resident directors.
The free housing can be done, though it is not always easy to find a place to live. Resident director salaries are not the same. The average annual salary for resident directors in the US was $55,170 in August 2020, but the range goes from as low as $16,000 to as high as 142,500, according to Zip Recruiter.
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Developing your Director Career
The essential course for company directors will give you a better understanding of your duties. Professional development will have a long- lasting impact on your director career if you immediately improve your board performance. The skills directors need to bring to the board table are outlined in the book Developing your Director Career by Elizabeth Jameson.
Directors must have a deep curiosity. The job of governing involves processing a lot of information. It is essential to be curious to extend beyond your comfort zone.
Directors are part of a board. Lone wolves are not very good in the board room. It is important to listen to your fellow directors and to seek to understand what motivates them.
A mix of skills is desirable for a director. The way the individual applies those skills is more important. A lawyer who only provides input into the legal issues is not useful on a board.
Managing the Board of Directors in European Business
Directors need to review their strategies to identify potential vulnerabilities, such as a potential takeover, the availability of large cash balances and under-performing divisions. Directors need to evaluate how to address the concerns, while also bearing in mind the best interests of the shareholders. The board of directors must think strategically and mitigate against the risks of doing business in the European Union if they are to survive.
In some cases, individual directors may lack the necessary expertise or experience to understand the business in all its complexity. A CEO may dominate the conversation in other instances. A period of corporate success can often be a source of danger.
It may make it difficult for the board to speak out. You are a manager and you are concerned with implementing the decisions made by the board. Once you become a director, you will have to decide the future of the organisation, its strategy and structure, and protect its assets and reputation.
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